I thought the deflation would eventually be caused by coins leaving circulation faster than new coins are emitted?
Thereotically, the coins would still be there and new ones would be added (inflation). Practically, there are fewer coins in circulation and the available money supply is reduced (deflation).
Sure but Bitcoin is infinitelt devisable. The deflation of the money only comes with human action either by mistake or on purpose. As time moves on, my guess is the mistakes of losing your keys becomes increasingly rare. The only deflation that happens is really when people intentionally die with their keys. Either way the true supply is still fixed. The measuring stick is still 21 million. That's he important part. The measuring stick does not change.
